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Hayes thinks Bitcoin could become really valuable, like between $750,000 and $1 million by 2026.-Bold Crypto analysis

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Bitcoin has been doing well lately, going up by about 29% since March. It almost hit. $30,000 but didn't quite get there. Right now, it's worth more than before when it was around $24,000. Arthur Hayes the cofounder of BitMEX, has a big idea about what might happen with Bitcoin in the future. While banks around the world are making it harder to get money, Hayes thinks Bitcoin could become really valuable, like between $750,000 and $1 million by 2026.

https://www.cryptocrit.xyz/2023/10/crypto-analysis-could-bitcoin-hit-1.html (https://www.cryptocrit.xyz/2023/10/crypto-analysis-could-bitcoin-hit-1.html)

You need to move this thread to the Bitcoin speculation board because this is an altcoin discussion board mainly for altcoins only and not Bitcoin unless in discussions.

But this thread is speculating the possible future price of bitcoin which belongs mainly to the bitcoin speculation board,  if you want to move the thread to the right board just look bennet the page you see a feature with contains an option to select move and then bitcoin speculation and drop the the the the thread there,  looking to see positive steps from you.

What the hell is this? Bitcoin will have a capitalization of more than 20 trillion dollars?

People don't know btc price next month and somebody still talking about 2026 lol

This is huge! However until the year 2020, no one was thinking about the $20K mark, and until 2021, no one was thinking near the $50K mark. From my point of view, $100K is possible by the year 2026 looking at the last two bull runs and awareness in the crypto market but the one million mark seems impossible. The market cap of Bitcoin with a price of $ 1 million, is not even thinkable.

Exactly, I'm already tired of all those promises and predictions. I prefer simply DCAing and not thinking too much about that.

It's just pure speculation, everyone can say random numbers about the future price of Bitcoin.
Especially these big influencers, they will use their positions or powers to pump their bags, this is normal, we usually experience this during bull market.

I did not take this seriously there is no excitement about his prediction, and there is nowhere in his prediction that he will eat his penis if the prediction did not come true, compared to what Mcafee did, I don't know who is this Hayes but if he can predict the price the actual price of Bitcoin next month and for the next three months I will take him seriously.
People will just forget how you missed your prediction if you predict it 3 to 5 years ahead, people have a passion for the $1 million Bitcoin price, this is the nth time I've read this kind of prediction, but they cannot back it up with a solid reasoning on why Bitcoin will reach $1 million, its pure speculation.

Why not? Certainly much more plausible than the BEP20 token That Will Propel Humanity to Mars (https://bitcointalk.org/index.php?topic=5466941.0). I mean, can you even fathom the trillions it would take for such a venture?  ;)

From one year to the next year. I kept see more and more non sense forecast. Anyone has their right to predict whatever they wanted. Even though i were bitcoin supporter but can still use my mind to create a sense forecast.
Let bitcoin to surpass its ATH and then we can talk higher price to be reached by bitcoin. Bitcoin's vilatility had been going down so hard. It's almost impossible to make the chart become green at this moment.

It's likely any influencer like that was only making wild prediction without even use their sense.

There is already a similar thread on the speculation board with this prediction. BitMEX founder projects $750,000 to $1 million #Bitcoin price by 2026 (https://bitcointalk.org/index.php?topic=5469311.0)

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This is a random prediction, they can say whatever they want with the analysis they have made, it's not surprising when someone influential says this will be controversial, but I won't confirm it because I know this is just as unrealistic.

Remember it's not that I don't believe that number, but I prefer bitcoin predictions below that.

Hayes believes bitcoin will be worth at least $750,000. Public people keep playing the game of who will have the higher prediction. Games like this have been around for quite some time. I remember back in 2017, they were predicting an imminent price of $500,000 and even $1 million. These claims are just a PR attempt, it's just another news buzz that shouldn't be taken seriously.

Probably shouldn't be in altcoin section but I will bite.  Anyone predicting 3 years ahead of time is just plain guessing.  It's not like you can forecast a company on the stock exchange.  There are zillions of predictions and some of them will land right square on nailing it but it will be out of pure coincidence even though they will start likely selling theor predictions from there on out lol.

3 years from now and that's 1 halving away. IMHO, 1 halving won't be enough to attempt for a million BTC.

It's probably going to have some push but not really enough and it needs to be stable first to $100k and so on. I understand these price speculations being pushy to everyone that are skeptic about it.

But this is even making more people skeptic about it because that's too much on their minds. Although for us, we do understand that every price can be reached but we just don't know when.

In my Opinion. No. I don't think so. I am a firm believer of Bitcoin and I want it to go into greater heights as years go buy, but $1M by 2026 is too much to ask for Bitcoin. From the previous Bull market's all-time low which was around $4K to the $69K all-time high was approximately 17x price increase.

If we are to go by the current figures, this current bear market's all-time low stands at around $15K-16Kish. A surge to $1M would mean the price would have to increase by 66 or 6600%  This is not possible with Bitcoin in a short time as it becomes less and less volatile over the years. A reasonable increase would be way less

seeing the linear growth of bitcoin regardless of the pump and dump since it doesn't matter anyway because bitcoin consistently hitting new all time high, I think its possible but certainly not 2026.
even right now we should be focused on making bitcoin hits $100k and thats already high enough.
I remember the market capitalization when the value hits that price was already massive enough, maybe bitcoin could hit $1 million when market capital of cryptocurrency also increase significantly but that also requires money to be coming from somewhere. other scenario might be if bitcoin legalized as investment instrument in many countries.

Hope everyone reads this and is alert enough to look at the existing truths and lessons from the past, many games of this type have appeared. Some influencers want to take advantage of that ability to attract people's curiosity, although these speculations are completely unconvincing but perhaps certain imaginary numbers and profits make us FOMO. Anyway, this is just a small story among the billions of stories that appear about speculation that we probably know a lot about but those who are fascinated with the prophetic ability and potential of Bitcoin. It easily takes a long time to achieve the states that many people are discussing here.

Predictions are predictions. What matters is solid, concrete results. And so far, the market is nothing but bearish. For BTC to reach such a high price, something big needs to happen. I believe the global economy needs to recover before the money starts "pouring" into the crypto market. Once everything goes back to normal, investors will be buying BTC like crazy (effectively "pumping" its price).

We can't expect prices to "magically" go up when the world economy is falling apart. It seems that central banks' measures aren't that effective in putting inflation under control. An expensive cost of living, means less people will be interested in buying and holding Bitcoin for the long term. 2026 is only three years away. I doubt BTC will hit $1m within such a short amount of time. The only scenario where this would happen is if the USD experiences hyperinflation. No one can predict the future, so lets hope for the best. Just my opinion :)

People really need to get realistic with their predictions, just because you have been a part of a project that involves cryptocurrencies doesn't mean that people will think that you have a crystal ball that tells you what will happen to Bitcoin and its price within the next few years which is making you do such predictions which are utterly unrealistic. I know that Bitcoin has great potential and that anything can happen, but we need to make predictions based on what the conditions are at the present time.

For Bitcoin to reach that high in just a couple of years it will need to keep growing significantly from this point onwards and there should be no delays no dips and absolutely no stability because that slows the pace down and then the target wouldn't be reachable. That's why, it's unrealistic.

P.S: This thread belongs to the Speculation section, this is Altcoin Discussion which means only discussions about altcoins should be posted here and not Bitcoin speculations.

Its just a personal prediction but no strong basis that it will happen so don't take those seriously since anyone can say that statement and drop some figures that they think it will come. Just focus on current things you do so and don't try those guys to catch your attention so that you would not expect any to much on bitcoin and can able to stick on more realistic prices so you can earn while there's still a chance to do so. If someone telling that I just ignore them and think about how it will happen considering that we have bear market condition that can possibly spoil the fun of people being happy with bullish situation happens.

So do your own research and never rely on their prediction since for sure they also not sure about on when it happen on the price they predicted.

Your question in wrong place by the way already you put a oost with a question about bitcoin but this is altcoins decision ok it’s no problems so mistakes but your question BTC can hit $1m in 2026 It's veey difficult to given answer because anybody don,t know what will happing with BTC next month & next year but many people’s already analyses in the bitcoin and within 2026 i hope btc can go maximum $100k It's totally my personal opinion just wait and see what will happening with bitcoin next bull sessions.

I think even cogitex will go to a $1 billion capitalization faster than bitcoin to $20 trillion

Don't stress yourself as much as I am when it comes to these predictions, and speculations.
Like everyone else is saying, it's only a speculation, and we have the freedom to share our speculation towards the price of Bitcoin. It's just that, there are some influential people who are making their own prediction, and that's the one that's been highlighted thus, people are making an article out of that prediction.

Tired of all those predictions? Just ignore them, and focus on your strategy. After all, I believe that your strategy works, and these type of predictions aren't affecting the market already. It's not 2017 anymore where any prediction coming from an influential person will make the price of Bitcoin jump at least ~5% in a single day or even more.

Let them do their prediction if that's what makes them happy. As for us average Joes, let's just focus on what works for us. :)

I wouldn't be bold enough to say that it won't happen, because I do not have some talent to guess the future price and if I did then I would be a millionaire by now. However, I can say that about 750k to 1 million range should be reserved for at least one more halving if you ask me, like I said I can't guarantee anything but it sounds like it would make a lot more sense that way. Obviously it is not going to be easy to make that decision, but we should be careful about it one way or another.

In the end, we are going to end up with something that would be higher, and as long as it is higher that should make us happy. If you get caught up with expectations that are way too high like this then you may not feel happy even if it goes up.

There's really no way to tell how market prices will react in the long run. All we can do is speculate based on past market performances. If demand continues to grow over time, it's very likely Bitcoin will reach a market price of $1m. The question is not if, but rather when.

I'm in no hurry to see this happen, as long as Bitcoin fulfills its intended purpose. After all, it's not about making money. But rather, using Bitcoin as an alternative to Fiat. The market is widely unpredictable, anyways. Therefore, we should expect the unexpected. Just my opinion :)

to much optimistic for reaching gold market cap at those price, and never imagine how much money to drive to that level
as you know lot of crypto user chose alt instead btc, which makes less fuel for btc to manuver that high  ;D

There will be a lot of money coming in from new investors or even old investors starting over.
Everyone has their own predictions and this is certainly not wrong. $1 million in 2026 is a fantastic price, and if this can be achieved of course all bitcoin holders will be very happy.
Those who choose altcoins over Bitcoin, it's because we're not in a bull market yet. But see when the bullishness arrives and the price of Bitcoin starts to rise, everyone will compete to get into Bitcoin so that the volume of Bitcoin continues to increase.

The short answer is no because there are not enough cash flows to make the price rise to those levels, especially since we will be at some stage of high inflation and high interest rates, which will make investors more keen to spend wisely instead of investing in a high-risk, highly volatile asset, but this thing may It occurs within 20 to 40 years.

I had heard a lot of analyzes in the past that the price of Bitcoin would reach 100,000 by 2021, so it seems that Arthur Hayes follows the same school.

I don't think, Bitcoin will hit above $100,000 in 2026, because we can see what has happened to crypto market over 10 years now and where the price is right now, and if you can carry out your research, you will discover that $100,000 prediction is possible in that four years. I have invested in Bitcoin and altcoins, which I have hope of winning something suitable from the two investments when bullish season appear, because whenever the price of Bitcoin is rising in the market, other altcoins price will be rising too for their investors to experience positive results from their investment, which is the wish of every investors that invested in Bitcoin to witness $100,000 or $120,000 in the future.

They should first establish their reputation by having a good prediction rate in the coming months before they make bold predictions like this, this guy is speculating we never know what's going to happen in the coming months in the market, right now there's war in the Middle East and this could have potential impact in the market if the market drags on and some nations participated in.
We have no control over scenarios for us to predict that huge jump in price, all I know is the increase in price is based on world events and in the Crypto industry in general, who could have predicted that Hamas would attack Israel or who can predict the next hacking or fiasco in the Crypto industry.

but bitcoin have many insitutional investors funds to help it grow it market capitalization as well as its value though and these money coming from institutional investors aren't some measly amount that retailer usually invest, the fact that some people choose altcoin is because they got limited money to invest and investing in bitcoin isn't really lucrative investment anymore.
but bitcoin now heavily considered for diversifying investment not only limited to the stocks but cryptocurrency.
I think the only coin that can get massive investment is bitcoin and ethereum nowadays.

So-called experts are like Hayes they cannot back up their claims and they can only use the words Could and might because they are also not so sure if it's possible for Bitcoin to reach that high in just a short period of time.
They cannot even accurately predict what the will be the price next month or next year to come out with a bold prediction bull run will come but I doubt it will hit $1 million right away, there will be many more bull runs before the price climb to $1 million.

You don’t have to believe any of those predictions, if you trust them, then you are going to be disappointed at the end. If bitcoin does not reach the price predicted, then you will be disappointed because your expectations will already be high. Nobody knows how high or low the bitcoin price will go. Predicting bitcoin to hit $1 million is really bad, 2026 is kind of far, and nobody knows what bitcoin will be worth by then. Let’s see how bitcoin is going to perform first before predicting the price that bitcoin will hit in 2026. I will just recommend to everyone not to believe all the predictions that everyone is making currently.
 
I know bitcoin is going to perform well in the future, but nobody knows how high it will go or the particular price it is going to hit at a particular time, so nobody should rely on all the predictions that everyone is making currently.

well its speculation after all, of course they will use the word might and maybe because even they don't have a clue but they just have the feeling.
but overall I don't think there's any way to prove such speculation to be true, at best its just pure speculation and 1 million is already ten times of previous all time high that I think if its within
short amount of time then maybe its a stretch.
I'd say bitcoin could definitely reach its previous all time high again, even that also requires next bullrun to occur.

Lol is funny how people would wake up one morning and decide to say whatever that's in their mind. I am btc holder and trader most times scalp with Sniper range but that doesn't mean we should be hoping for something we don't even know what the next month would decide for BTC. Let him start by predicting what the market will be at the end of this year
before speculating on 2026.

First off, crypto markets laugh at prediction models. Being humble and not predicting future prices is wise. Some recommend betting on 750k to 1 million post-halving, but it'=s speculative. No one can predict future conduct; past patterns can only indicate it.

Your cautionary approach to expectation management resonates. Investors should abandon sudden wealth fantasies. Such expectations can stimulate but also depress when not met. Successful investing is about controlling emotions, expectations, and contentment with steady growth. Markets owe no one; patience and pragmatism are required.

2026 is a long time from now,  and I guest your coin would have been dead by then or being the next bitcoin as you speculated,  but I am sure that a lot of things will happen in the market that will effect the piece of Bitcoin in a multiple ways before the year 2026 but then also we may still fine some alleges distraction from the market,  and this could also affect the price of bitcoin or any other assets in bitcoin.

This is just a speculation and everyone is free to say speculation for bitcoin price. I think in this case you should be able to understand that speculation is only intended as a condition where the possibility is divided into 2, namely happening or not. you cannot be sure because the possibility is still fifty-fifty so when you believe in a speculation that we will not even know what the future will be like this is precisely what is wrong not the person speculating but you are naive by believing what the speculators say.
It is necessar  to realize that when you only stick to the words of others that you will feel like being betrayed when his words do not match the expectations that occur. you have your own judgment and beliefs why should you believe in what others say wholeheartedly.

The problem with these people they believe on the speculation release by other people. But they need to know that it doesn't mean they think about that price it will really happen since there's a lot of factors needed to happen first before this $1 million price will be reached by bitcoin. We are not skeptical about it but the price given is somehow unrealistic and maybe they are just basing supply is limited but we also need to consider the possible demand it might get since if there's a surge of buy orders especially some huge amounts comin in on bitcoin then we can provably see some good rise for the price of bitcoin. Six digits maybe the nearest price for bitcoin to come but let see if we can see more demands since it really helps the price to pump more.

@op, according to your question will Bitcoin touch 1 million in 2026? Currently relative to the market it can be said that Bitcoin was 68k+ in the last bull run. Accordingly, halving in 2024 and bull run in 2025-2026 will allow Bitcoin to hit a maximum of 100k. But it is true that Bitcoin is the top coin in the market, so it is not possible to say exactly when and how the price will increase. If you follow the yearly calendar you will know the pump dump of all months. Anyway I think Bitcoin can reach 100k to 120k in 2026

I see this prediction as very big, not impossible, but quite big, it is something that could be real and possible, but I highly doubt it because many things have to happen, everyone would have to buy bitcoin while it is rising, with the option of winning But while it is going up, what I can think is that they could be quite optimistic but it seems very difficult to me that it could reach that price, I would like it because it would be too valuable, it would be something great, in any case what should be done here is that We should all save bitcoin because we don't know what can happen , for better or worse , things can happen and hopefully it will be for the better.

Their is some people who calculate the price of bitcoin above for intervals of two years ahead, but when looking at he or her opinion over bitcoin price come 2026 you will know that this particular suggestions or predictions is like something that is under assumption.

Actually we are in the year of 2023 and we are even expecting bitcoin halving which has not come to pass as people reasons or expected but the op is emphasising on 2026 over two years coming of bitcoin price, which 2024 and 2025 nobody sure of the price of bitcoin.

The thing is that we all know that bitcoin price is rotational maybe the op have a radar it uses to know Actually where the price of bitcoin will take us to, but some predictions or speculation of bitcoin do come to reality when you overlooked it, but when bitcoin want to skyrocket the way it was before the thing that happened is that they will be a signal that will passed across, even through the chart you can know that bitcoin is will increase anytime soon despite that nobody can predict the future of bitcoin accurately.

Do you believe on that? how much capitalization for Bitcoin only to reach that much?
now Bitcoin has 552 billion capitalization and valuing 28k ,so if that is the target to take a million dollar each so bitcoin needs to have 5 trillion at least in capitalization ?
not sure if you really know what can happen because that is too far from reality now.
yeah we are crossing halving but how can we take that in 2026 when the bull expected to come in 2024 or at least early 2025?
what would 2026 can bring for this to come true?

Not really that something new here on this market on which these kind of price approach and predictions is really that something very common or something that we would really be seeing on which those speculations whether 1M per coin or telling about getting to 1000 or even zero on which this market does have tons of speculations that in regards to price but one things for sure into those people who had made out those kind of predictions about having its price to be like that without even trying to make out some simple maths on how big that marketcap could be on the time that it would reach out on that certain price point.
With those numbers alone  then we could already tell that it cant really be just that possible for it to reach for 3 years from now and this is why it isnt really that hard to make use of your own
common sense and telling that this is some BS kind of speculation which doesnt needs to get that attention.

Somehow in speaking about adoption and recognition then it is really that something that do move forwards and its inevitable. Lets just not make ourselves that put up in a rush and telling
numbers which arent really that even realistic at all. There are just that speculation which its never been that realistic and surprisingly there are people who do really easily believe with those kind of claims.

Reaching a million is not the real question, everyone focuses on just the money but doesn't really focus on the implication. The real question should be why it did that if it does it? I mean lets assume that it reached 1 million by 2026 December right? Why did it happened? If it is just "a lot of people bought bitcoin so this happened" then yeah that would be lovely and it is not happening, not that many people will buy it in about less than 3 years, that's way too much increase and not happening.

However, if we are talking about some world war, which is more and more likely everyday and there are west vs east stuff going on once again where it is Israel and Ukraine used as western puppets versus Palestine and Russia which is used as east puppets, then I would say it is possible. I need to think about this as well, if it is a bad world situation then that's possible but not good for any of us. We need to hope that it doesn't reach a million for any bad reasons.

no one can guess it correctly, but with the existing data, I also believe that Bitcoin can definitely reach $1 million if a bullrun occurs, therefore if before or during 2026 a bullrun occurs, then the price of Bitcoin will reach $1 million or even more than that and if the bullrun doesn't happen until 2026, then I'm sure the price of Bitcoin will definitely be difficult to reach $1 million, but I'm sure that the bullrun will definitely happen soon (my prediction is 2025).

And it seems that they have not learned from this cycle, which is the one in which most stratospheric predictions have failed. The normal thing after this cycle would be to make moderate predictions, but certain people either want to give themselves publicity with these predictions or they really believe that because institutional money is going to come in and things like that, the price is going to go up so fast.

I don't pay much attention, I have my plan and I follow it, these predictions are good for entertainment, but I don't base my investment decisions on them.

It’s amazing how people can easily predict an astronomical price in a short period of time despite the current price is far higher than the predicted price. 100K price target is more feasible but anything above 7 digit prediction is insane because we didn’t even touch the 6 digit area for 13 years of existence of Bitcoin while he is predicting it for just a mere 3 years from now.

This is only possible to happened if billionaire like Bezos will all-in or $ value will decrease hard due to inflation.

The prediction might actually be made to show the enormous potential in Bitcoin and not necessarily to come to pass. That said, we cannot wave off the fact that it is possible because Bitcoin have great history in daring the impossible. 2024 halving will show if this is possible or not.

Bitcoin can reach $1 million in the future but there are very few chances that it will be around 2026. If bitcoin hits $1 million in 2026 then investors will get more than 14x from its ATH. In the last bull run bitcoins return on investment was more than 5X so it won't be able to outperform that this time. Even if bitcoin makes a 5X return from its ATH in the next bull run its price will be around 300k. In my opinion more reasonable ROI for bitcoin is 3X to 4X.

One should not go to extremes in making predictions. Such predictions distract the market from reality. I think predictions need to be more realistic and achievable. Of course, Bitcoin price can reach the mentioned prices, but I think there is a long time before this happens. That's why I think it would be better to go step by step. Our first goal now is to pass ATH.

While making our investments, we need to make them in line with more realistic targets. If the things we dream of are too far away, we may feel sad in some situations. It may be better to proceed slowly to avoid putting ourselves in such situations.

As of now, based on gold's market capitalization is on $13.51T and that's around more than 23 times compared to Bitcoin's current market cap of $583B. If we'll get to that point that Bitcoin reaches the same market cap of gold as $13.51T then that's going to be around $687k each Bitcoin.
So the rest of calculation, you can do it. We're still far from that and there's a need for a parabolic movement for it to reach $1M by 2026. Do I think that it's going to be enough by that given timeframe? I have no idea. With all volatility and unpredictability of Bitcoin, 50/50 or 20/80 of chances.

Those who are making this kind of prediction have no idea about the bitcoin market and its behavior. What they are seeing is its enormous historical growth, which provokes them to fantasize about a price that is far away from reality. Sometimes they make comments like this to get media attention and followers who share similar sentiments. What is more important than price is adoption which isn't happening as expected.

I don't agree with your opinion, someone is free to predict the market as long as he doesn't determine when the predicted price will be reached, imagine if someone predicted a price of $50k when the price of bitcoin was still $1-10 at that time, do you think that prediction is too extreme?

I'm sure you will answer "no," because the $50k price was already surpassed at last year's ATH, note the point of the prediction that he did not specify when the prediction was reached.

The title gives us a timeline until 2026 to predict the price. I tried to present the facts about reality based on the time given in the title. Bitcoin's ROI is over 50k percent and it can go another 50k percent in the future but no one knows when that will be and it won't be ridiculous to predict a growth like this as bitcoin has already shown us it can grow like this. When you are talking about a price within a specific time zone, you need to be more specific about the price and why you think it will go that way.

Of course. It's all about generating publicity. No one can tell where Bitcoin's price will go because of its unpredictable nature. Just because BTC went up in the past, doesn't mean the same will happen again. There's no guarantee BTC will reach $1m in the near future. All we can do is speculate with the hopes of seeing our predictions come true someday.

Remember, it's not about the price but rather the utility of any given cryptocurrency. Bitcoin is by far the most decentralized and useful cryptocurrency ever created. It could last a lifetime if it keeps delivering as promised. I can't say the same about other cryptocurrencies (altcoins) that are untested and subject to failure. Especially centralized "shitcoins" like Solana, XRP, and BNB. With or without $1m, don't expect Bitcoin to go anywhere soon. Who knows if it becomes the world's standard unit of account in the future? Just my thoughts ;D

I also doubt about realizing this within just three years to come, we are not even at hundred thousand dollars yet but some are talking about million, what an overexxergeration is this, let's assume that after this halving, bitcoin will reach about 150, 000 dollars and then we started the movement from there to hundreds of thousands before thinking about million, this is not because we are limiting the extent to which bitcoin can go, but we have to be realistic about anything we are doing.

Bitcoin has the potential but there are challenges that it needs to overcome first. It is not a widely accepted currency, and not a significant part of the world population shares this market. What it has is speculators and wealthy personalities who are speculating the market with their cash. We need real adoption, real users who will use bitcoin for their daily activities and business. We are not getting that as it should be.

These are speculation. Don't take it to the heart.  Everyone is free to make any forecast they want as far as the crypto market is concerned, but it doesn't guarantee it will come true. It sounds good to be concentrating on your DCA strategy right now, but you should also know when to give up to avoid missing the opportunity to position yourself for the next

This type of prediction will always be possible in the future, but the problem is we can't pinpoint as to what certain year its going to happen knowing the market is so unpredictable that we can't even rightly guess what will be the next month or year's bitcoin price. But you know what, everyone needs to hear this because it will create a good motivation for us to keep accumulating bitcoin seeing it has a lot of potentials to give in the future.

However, the only problem with this type of prediction is that beginners will be more interested to enter bitcoin investment because they assume that what these big influencers are saying will definitely come true in the future.  The truth is all of these are just assumptions, so we don't have to rely our decisions from these different assumptions knowing we're not even sure if they will actually happen or will only remain as a pure speculation.

It would be very difficult to disagree on Arthur's speculation and this speculation is certainly much better for bitcoin's pump! If everyone is also aware on which next ETF application is scheduled for approval, we can be quite certain that this will not be approved by uncle Gary and the SEC. There might be an argument for an approval if the next scheduled application is on Blackrock's ETF, however, it is not them. It is Global X's ETF which might not have the same influence and connections that Blackrock has on the government.

https://i.ibb.co/XpCmqLx/135727-DA-C10-B-4846-B5-DB-C3271-C66-ADCB.jpg

Arthur Hayes, the co-founder of the BitMEX derivatives exchange, published an essay attributing the crypto market rally to the costs associated with hawkish U.S. foreign policy and not spot Bitcoin ETF anticipation.

In an Oct. 24 essay titled The Periphery, Hayes attributed U.S. president Joe Biden’s open-ended commitment to supporting Israel’s war effort against Hamas to the recent surge in the crypto markets.

“If long-term U.S. Treasury bonds offer no safety for investors, then their money will seek out alternatives,” Hayes said. “Gold, and most importantly, Bitcoin, will begin rising on true fears of global wartime inflation.”

Source https://thedefiant.io/arthur-hayes-says-btc-is-rallying-over-us-military-spending-not-etf-hype

not sure if i need to trust or believe this prediction or now because I am not aiming for anything but to Bitcoin cross 100k usd in the future , it may not this bull but at least in the next one ,
although there are so many expectation of bitcoin crossing 6 digits yet I believe that there are factors need to consider before it becomes reality.
market is showing resistance now even to hit 40k so what more in the coming months.
2024 is the predicted year for 6 digits, hope it will come because that is my plan of selling out.

I wish more people would consider Bitcoin as digital gold to go when economy is hurt under heavy inflation. Especially nowadays United States experience huge inflation and US Dollars is lot less valuable compared to past. But in my opinion we, Bitcoiners, are still minority compared to people in traditional markets. If Bitcoin is truly embraced by traditional financial institutions, I am pretty sure 1 million dollar would look like nothing in future as USD will be weaker.

But the masses and his followers take it nonetheless, and what he's planning is definitely going to happen because he's still able to generate the hype. But to be fair to him though, he's the kind of person that helps people not lose hope when the prices of bitcoin isn't doing fine and some people just want something even a lie to hold onto.

Basically bitcoin is already digital gold and what we need now is for bitcoin to become more popular, only increased demand can help bitcoin price reach its peak. It is still happening but not as fast as we expected, everything takes time and we should also give bitcoin more time. And while we wait for everyone to accept bitcoin, it's an opportunity for us to have more time to accumulate more bitcoin because when it becomes truly globally popular like gold, owning it will be extremely difficult. Bitcoin reaching 1 million USD will be meaningless if we do not have too many bitcoins in our pockets.

Dude, I'm like just make it happen.  ;D
Use your influence and whatever you have on your position to spread and gain adoption naturally for Bitcoin.
Everyone wants to see that happen and if there are people that don't like it, then those are the institutions that are yet on the market. They'll try to stop any potential adoption and growth through their FUD and everything to buy it cheap before that happens. 3 years from now, we don't know what can happen and if there will be more money injected again through printing.

I know the feeling, many people keep calling for these huge prices but they keep putting it very very ahead so that people would forget about it when the time comes. In reality I feel like it is not really that easy to happen, and it just a prediction, or even just a made up thing.

I think it would be smarter to talk about when the price will hit 50k soonest, because that's what we really want to know, would it be within 2023? Could it happen that early? Or would it be first two quarters of 2024? Or will we have to wait even longer than that? None of that is known and we are just making predictions but at least make something for closer.

Even 40k would be better, because we are not that far away from it, so someone saying "40k will happen during the next 3 months" would be great and we would appreciate it a lot, unfortunately not that many people are doing that for some reason and that causes it a little bit discomfort with the market since we do not know.

Indeed. The USD is getting weaker by the day. Constant government spending and money printing will lead America towards hyperinflation at a very fast pace. You can see how countries are preparing for the worst by moving away from the US Dollar (De-Dollarization). The predicted price might not happen by 2026, as it's only 3 years from now.

I believe BTC will get there sooner or later, thanks to the projected deflation rate (aka as the block reward halving). The less BTC earned per block, the scarcer it will become. This translates into higher prices in the long run. That's assuming demand stays high over time. Predictions are predictions. Who knows what the future holds for the cryptocurrency? ;D

Bitcoin doesn't need traditional financial institutions to accept it in order for it to get more widely accepted around the globe, and what will be the use for someone to buy or have Bitcoin if they do it through traditional financial institutions since they will most probably keep the assets with them and that will make them centralized in the true sense while Bitcoin's main attribute is it being totally decentralized and allowing its investors to have direct access to their financial holdings instead of someone else holding them for them.

The positive for Bitcoin and the market would be if people start buying directly and storing their wealth in Bitcoin instead of other traditional investment options such as Gold, Real Estate, and many others because that will make Bitcoin adopted more widely without having any involvement from traditional financial institutions.

While Bitcoin can live without "Wall Street", it won't be able to gain traction because only a small number of people will invest in it. That's why regulations are necessary. By regulating the crypto industry, we can help attract the wealthy (institutional investors, companies, businesses, etc) into Bitcoin. These players are the ones who "pump" market prices all the way to the moon. Without them, BTC won't be able to reach the predicted price of $1m.

Considering that "Wall Street" is already in the game, it should only be a matter of time before this happens. 2026 may be too soon for BTC to reach such high prices. But I've seen the impossible happens in crypto land. I'd advise you to buy BTC while it's still "cheap". Who knows if you get lucky someday? Just my opinion :)

I will not refer to this as a bold bitcoin analysis, I refer to it as nothing but full blown exaggeration.
Bitcoin could bitcoin really valuable which it already is if you ask me, for as it is right now, there are billions of people worldwide who can afford to buy one whole bitcoin at a go, so this make the coin very expensive for them.

Now, coming back to this exaggeration of a prediction, I don't think it is possible because I have not seen what will act as a catalyst to drive the price of bitcoin to such a huge amount of money in such a short period of time, 2026 is not so far away as many of us think.

If I am asked, I did say that by 2026, I expect that the price of bitcoin would have stabilized about $100,000, which is already a great achievement for the coin, $750, 000 to $1 million dollars is pure exaggeration.

It may look like an exaggeration, but I've seen the impossible happen in crypto land. Constant hype might help drive Bitcoin's price all the way to $1m faster than you could imagine. The process will be accelerated once the US Dollar starts losing value like crazy. All the FED needs to do is "turn on the money printer", and there should be nothing stopping BTC going all the way to "Mars".

I think it's still the perfect opportunity to buy Bitcoin at a "cheap" price. The smart money will buy, while whinners will sell. No matter where market prices go, there's no denying Bitcoin will survive thanks to the way it was designed. As long as it stays decentralized, no one will be able to stop it. Just my opinion :)

That’s why, people make estimations based on calculations and historical graphs. I know predicting something in the future is almost impossible, but what we can do is estimations. And there is huge difference between the two. If I have to make an estimation about the price of Bitcoins, then in the next one year, Bitcoins are bound to cross 70k usd. This is because we have seen previously Bitcoins follow a 4 year cycle to reach new ATH price and next year is the 4th year. So yes there is high probability that this is going to happen.

What evidence do you have to be sure bitcoin will reach 70k USD next year, if you can be 100% sure, then you should sell all your assets and invest in bitcoin? At current prices, you will have a chance to double your wealth next year when bitcoin hits $70k, LOL. Do you dare to do that? When it comes to the future, we are free to estimate and predict, but don't be certain about anything, especially bitcoin, an extremely volatile and uncertain asset.
Predictions are still just predictions and cannot guarantee anything. In investing, you should not be subjective with your predictions.

yes basically the moving market no one knows where it is and no one can really predict the movement of Bitcoin with 100%accuracy, anyone is not possible the market movement can be read right, all the people argument are those who analyze the movement of the movement that once found the results to find the estimated calculation at a certain time, and yes it was only a speculation that there was no guarantee that it would happen as you do hallucinations on something and rely on your mind to reach the point of hallucinations.

$ 70k might happen if ETF Bitcoin is approved in my opinion, but if this Bitcoin ETF is pending again, it is likely that in my opinion it will move between $ 40K- $ 60k.

everyone admits that bitcoin has moved quite significantly in recent years. but predicting bitcoin will reach a value of $1 million by 2026 sounds like nonsense. maybe if he said that it would be achieved in the next 20 years, it might happen, but 2026 is only 3 years away, and it is unlikely for bitcoin to reach that value in a short time of 3 years.

we can predict the price of bitcoin at any time within a certain time period, but we also have to understand that bitcoin is the same as other investment instruments which depend on demand. and discussing the demand for bitcoin, i'm not so sure that in the next 3 years the demand for bitcoin will be very very high until it reaches a value of $1 million. let's think rationally.

In such unpredictable market, future price predictions are normal. And some crypto analysts don't just do it because they want it but because they also have some good and reliable basis that might possibly work in the future. That's why try to be more open for future predictions but never assume that they will all come into reality, and never rely in them for your future decisions.

However, as per my own point of view, I truly believe that bitcoin has all the potentials to finally reach $1 million in price but it will be uncertain as to what year it will happen. And for me, 2026 might not be the year to see bitcoin hitting $1 million. It could possibly happen 10 or 15 years from now.

There's no way of telling much Bitcoin will be worth in the future. What you can only know is when the market will turn bullish again. Increased interest/demand from institutional investment comapnies, as well as the block reward halving of 2024, tells us that a massive "pump" will happen soon. It would be unwise to sell your Bitcoin holdings now, unless you really need the money to survive. We may never see such low prices ever again.

If all goes well, BTC may be able to reach a new ATH. The sky is the limit to how far Bitcoin can go. Who knows what will happen 3 years from now? :)

It's not actually impossible for bitcoin to achieve that price but if we want to assume that it's gonna happen by 2026, I think I won't rely on that. Bitcoin might be a secured and is a guaranteed investment that appreciates its price from time to time, year after year, but we also know how volatility triggers the price so once bitcoin price moves up, it will always create another chance to drop again and that's how the nature of bitcoin is. You can't expect that the price will continuously move up once it reaches a significant price, but will always find a way to drop again due to its price fluctuations. That's how unpredictable bitcoin is, but if faith is already established, no matter how the market crash, we won't be easily triggered and will still expect for bitcoin to reach a new all time high every time. 

We need to be more optimistic about the value of bitcoin. Bitcoin could hit $1M? Yes it can but there isn't any specific time for that. Bitcoin can do it within 2026. It is not unlikely but the facts say it won't happen. From the current position of bitcoin it will take a tremendous amount of money and super positive news to reach that milestone. If this happens within a few month then it will not be able to hold that price for long as the ROI will be greater than its previous bull run so even long term investors will start booking the profit.

Are the people who give predictions are a liar?  here you fail to understand it.  let's go back to Bitcoin 10 years ago when the price was still under $5k, at that time many people were skeptical about Bitcoin being able to pass $5k, after bitcoin managed to pass $5k, they were also skeptical about the price of bitcoin passing $10k and so so on, now there are many who predict the price of bitcoin will exceed $100k but many people are skeptical about that, remember, that the price of bitcoin is influenced by market sentiment, it is very likely that in the next few years, people will increasingly scramble to invest in bitcoin and that's what will push the price of Bitcoin even higher.

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

$1 million will probably happen around 2040 or within a few years after that. Price will be probably between $80k and $120k for most of the rest of this decade.

Next bull run high may be a bit higher than $120k, but then it'll crash. Next bear market low will likely be below $80k, but only for a handful of months and then it'll recover and probably spend a long time between $80k and $120k before the next bull run begins. So like late 2024 through 2028 will likely mostly be $80k-$120k.

And only way $1 million happens significantly before 2040 is if all of a sudden most people get educated on Bitcoin and major nations start adopting it or suggesting to people that its good and a fine thing to normalize into their lives. But no expectation of that happening, instead it'll be the same it's always been, the gradual grinding adoption of people slowly getting educated as most people continue to fight against Bitcoin due to lack of education on it and they will keep calling it scam/fraud/pyramid/etc.

Basically rest of 2020s high 5 digits and low $100k's is going to become the norm. 2030s mid 6 digits will become the norm over the course of the decade. And somewhere between 2040 and 2045 we should see the price pass $1 million for the first time, though if big bull markets are happening it might only pass it briefly and then take a couple years to get back to it after crashing.

Everything would really be according into the demand and this is the main key on which it would really be the main indication or reason on hitting up those numbers that we havent that done or able to hit before.
We've seen that we do still have tons of people who doesnt know about Bitcoin or crypto or simply there's still so much room to improve in speaking about adoption and recognition.
Im not saying that $1M isnt achievable but just like been said that it isnt realistic even if we do speak about 2040 on which there's no way that we could be able to be that high.

Im not really that skeptical when it comes to its potential but cant really be denied that it is really just that too far off. We cant really be able to tell
on whats the peak price but as long demand is there, then expect that numbers would really be that be always surprising.  ;)

In general, everyone here has probably read and seen Bitcoin speculation & predictions from time to time, especially in 2023, there are hundreds of Bitcoin speculations & predictions posted on the internet, one of which is about Bitcoin (BTC) Price Prediction 2023-2040 (https://changelly.com/blog/bitcoin-price-prediction/), that shows there is a series of predictions being discussed there.

The point is, anything can happen, as long as people around the world are safe in all aspects, the economy has a big influence on a peaceful society, Bitcoin is a digital currency that is traded online, from my understanding Bitcoin can reach the highest levels as long as people are not haunted by prolonged fear.

One of the obstacles to Bitcoin reaching the rumored prices is the "fear" factor. If Bitcoin is to reach these prices, big players, that is, big investors or states, need to invest and encourage them to invest. The condition for such an environment to really exist is that there must be an environment of trust in the market.

People invest in what they fear, but they invest without exceeding a certain amount. When the fear factor disappears and an environment of trust is established, then there will be no limit to investment and Bitcoin will reach the mentioned prices.

Not in 3 years, but maybe a decade from now. I strongly believe Bitcoin will replace Gold in the future because of the many benefits it provides. It's decentralized, portable, has a fixed supply of 21m units, and it's deflationary by design. Gold can be confiscated, it's not portable (you can't carry a large amount of Gold bars and/or coins when traveling), and the exact supply of Gold on Earth is yet to be discovered. The subsequent block reward halvings, alongside increased demand from institutional investors, should help BTC rise to $1m sooner or later.

It's not a matter of "IF" it will happen, but rather "WHEN". I've stated this a couple of times already. Just keep buying and forget about the rest. Who knows if you'll hit the "jackpot" someday? :)

Normally, stocks have a certain expectation of value, an appreciation in value. There is a value creation that forms the basis. In cryptocurrencies, this is more speculative. Monetary systems act according to certain predictions and beliefs. For this reason, if there is a side that believes in possible predictions, there is also a side that does not believe. In other words, there are two sides that are optimistic and pessimistic about the market.

If Bitcoin reaches a value of 1 Million Dollars, it means that the market value will be 21 Trillion Dollars, considering the total supply of Bitcoin. In other words, if Bitcoin reaches 1 Million Dollars, the market capitalization of Bitcoin will double the current market capitalization of against Gold (12 Trillion Dollars), which has been an investment tool for ages. I don't know if this can happen, but anything is possible in the speculative cryptocurrency market. But can we see this in our lifetime? I can answer that with certainty. It is very difficult to see it.

even hitting half of that is already such a feat, i think 1 million dollars possible when total supply reduced significantly, maybe if there's burning mechanism but honestly it'd be ideal to have bitcoin around $200k and have current total supply then it'd be golden for bitcoin since $1 million, a bit of a stretch if i think, even i think reaching back all time high would already need quite of the effort but honestly, people in the past never expecting bitcoin to be hititng $10k let alone $100k, it'd also be great for altcoin if the altcoin doesn't entirely gets dominated by bitcoin in term of market capitalization and got its market cap reduced a significant amount.
but we'll see maybe his statement could be realized in the future who knows?

I'm still not sure about 10 years but yes, it's way more likely then now, because right now gold is in low supply, every year I read that banks are looking for more gold. If I'm not mistaken even in Europe some banks forced gold investors to sell to them, and here in Asia you can buy digital certs with contract expiry but hardly any permanent physical buys.

I know benefits of bitcoin vs gold but I'm talking about pure supply + scarcity. And maths. I love the idea of Bitcoin = 1 million but 20 trillion market cap, just imagine what that means first.

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

Another 10 years or a decade would really be that short if we do speak about $1M per coin price, imagine on how far we do only be able to reach out on decade+ as of this moment. We arent that blind on not to see this rollater coaster ride like kind of market on which there's no way that we can really be able to tell that this was predictable in the first place. All of us, whether you are known or average joe into this market would really be always ends up on being speculator. There's no way on knowing the  future and there's no way that there's someone would really be able to know on where it would be going. Every number had been given or speculated
wont really be that bad, some are really just sharing up with their honest insights and there are ones who do have that kind of manipulative intent behind of those words.

$1M or not, it would really be that not shocking that majority of people on this market space wont really be that easily be beleiving on such number. We would really be almost needing that full scale
adoption and government recognition or integration for us to see this kind of probability but we do know that not every corners of the world would really be that definitely be having that positive sentiment
towards Bitcoin on which we know that these are the factors which do really slows down but doesnt mean that it could be stopped. Adoption is on the move but dont make yourself
that in a hurry.

Anything can be said but make sure you watch the prices closely and cut your losses if the prices start to rise too quickly.

It is also important to set goals for ourselves and avoid being consumed by greed, obviously when I see predictions of bitcoin reaching a price of one million my mouth salivates as that will mean I will obtain huge profits thanks to it, but when it will happen and will I still be holding my coins? That is what I do not know, so I would think it is a better idea to set more down to earth goals, since I am sure even a price of 100k will greatly help those which have held their coins for a few years already and change their lives for the better.

One thing I see is that predictions of $100k or $120k are rarely discussed and instead, predictions of bitcoin reaching $1m or $10m are always discussed. Meanwhile, the goal that most of us aim for is 100k$. That shows how high people's expectations and greed are. But honestly, I have never thought about those goals, I like to live realistically and I agree with some of those opinions: we haven't even reached $100k yet, how can we reach $1 million? I think the people who made that prediction are obsessed with bitcoin or they have their own purpose in deliberately creating that attention.

Another decade almost doubles the lifespan of Bitcoin. I agree to reach $100k is huge from zero but again that is for something new and with modern spread of information with internet it's easy to achieve multiply times growth.

But see from 2017 to 2021, only 3x ATH price, for 70k ATH to 1 million is 14x. I find it very hard to believe this is rational, not simply from price growth but as I pointed out much earlier, market cap.

As much as we want to use patterns, market cap is a reality we can't really ignore.

Perhaps the $100k-$120k is rarely discussed because we are already close to achieving it, remember that the last time we had our all time high, it's around $69k, so it's less that twice that price. And now that we will see the catalyst of another bull run which is the halving next year, everyone is seeing around that price already. So we or at least Hayes is looking beyond that, and predicting what could happen in the next decade or so after the next bull run. And that is why the prediction is very absurd for now, and just by looking at the math and how the growth is, it's impossible to hit that number by 2026. At least we should give more time to bitcoin, maybe 12 years or more after the next bull run, or 3-4 block halvings and we will see if this can be achieved or not.

We were close to $100K but we never reached that price, if I remember correctly the 2017 bull season also had some expectations of that price and in the 2021 bull season, those expectations were repeated again. But after 2 bull cycles, we still haven't been able to reach $100k, so I think we need to conquer $100k before thinking about further goals. People are setting unrealistic expectations and making predictions that we don't even know will happen or not. I think we should live realistically rather than set too high expectations and then live in illusion with it.

Despite the fact that I'm very optimistic about the price of Bitcoin doing great in the future, I kind of doubt if we will see Bitcoin reach such a price of 1 million dollars come 2026. We are expecting the price to top out in 2025 and create a new ATH based on its past historical data or performances after each Bitcoin halving year, therefore this prediction contradicts the  4 years Bitcoin halving cycle that is usually followed by a bull cycle and a bear cycle, so we are supposed to hit the bear market by the year 2026 and I wonder how that price between $750,000 and $1 million by 2026 would be met at the period.

.

A $20T market cap is a lot to say the least. BTC is far from reaching that position anytime soon. But it will get there, as mainstream adoption continues to grow at a non-stop rate. With institutional investors getting in the game, it should only be a matter of time before Bitcoin goes all the way to $1m. Subsequent halving events should get us there faster than we've previously imagined.

I'd buy BTC while it's still "cheap". We may never see BTC being worth less than $30k ever again. FUDsters will always try to discourage people from buying Bitcoin. But the cryptocurrency will emerge bigger and stronger than ever. With how successful it has been since day one, governments who once rejected the revolution would have no choice but to join it. Who knows if BTC will co-exist with CBDCs in the future? Just my thoughts ;D

There were many things that we thought would not be possible in the market and they did happen, but we still need to move forward with realistic steps. Maybe we will reach that price after 10 years, but 10 years is a long time and there is a lot to overcome.

We expect Bitcoin to achieve many things and reach everyone's target price. Some things don't happen quickly and take time. Successes that occur gradually over time become more permanent. I want it to be this way.

Like I keep saying, and as pointed out by the first guy I responded, yeah!! It's a lot, and that's exactly to say the least.

It's not just about the big amount, but the amount in comparison to gold (which it must beat), total global assets market cap.

Gold is 5% of entire world asset, totally believable, but can anyone believe Bitcoin will beat >5% of world asset in 10 years? I bet even in this forum in 10 years most people don't have 5% assets in BTC. Judging from all the spamming and begging lol.

We didnt even expect that Bitcoins price do able to break that 19k before, we've been able to hit up 30+ which we did assume that it was the peak but its not. We've been able to reach 69k as its ATH
on previous bull run that no one really hat anticipated or really that expect for those prices to hit up that high but now that we are talking about a million per piece then this is something that we can say it is really that too far off or something that cant really be that realistic or something that cant really be achieved in a short period of time. Somewhat there's no way that we could really be able to conclude out
and this is why there are really those people who are really that hoping for this thing to happen.

2026? It is really just that too short considering that the price is already that too high or its value. Even if we do say that a decade more wont really be something that realistic that we could be able to hit up that high. If we do really tend to look up with those cycles and its movements on every year basis then we could really be able to tell that it is really that something that too easy to achieve.
Everything would really be that vary on the demand and recognition and adoption on which the price could really be able to shoot up with those ranges but there would really be
always a perfect time for that.

Maybe that will happen, but not at this time that we are facing or in the coming bull run next year. I don't understand why others say things as if they want to speed up what they want to achieve with Bitcoin, as if it's that easy to happen.

For me, 1 million dollars per bitcoin is just a dream right now, but it won't happen for now, like what others think will happen in the coming bull season.

I like how all these guys throw their wild predictions at any given opportunity, and one this about shooting in the dark is that the more they shot the more likely that you will hit something, so with these continued predictions someone will have the correct prediction and claim they saw it coming... smart right lol   :P

Anyways these predictions are good in the short term as they could cause some panic buying and end result is soaring prices, don't underestimate power of an influencer  who has an interest:)

I also think like this, but for what I can see I would guess many people think it is basically a given that bitcoin will reach and surpass the 100k level during the next bullish cycle, however even if that was true I still prefer to concentrate on the goals that can actually be achieved instead of dreaming with my eyes open, as those that make those wild predictions are the kind that later will regret about not taking the right decision at the time as they simply believed the upside bitcoin had was massive, only to be disappointed at the end.

However, the fact that bitcoin price has reached a very good position in the market currently, I guess that motivates other crypto analysts to level up their predictions that most of us have even think it a lot of times if its still possible to achieve or not. Well, I have no issues with this kind of predictions because they are not forcing us to believe on them as well. They are just sharing their own expectations with bitcoin price, and we have to stick to our own as well.

But if you ask me regarding this price prediction, for now I prefer not to believe on it. But I am open to a change of views and concepts later on when bitcoin price has finally surpassed the $100k price resistance that we have been predicting to achieved with those previous years.

I can understand you perfectly well. It is more or less looking like youthful exuberance. Most of those predicting just want to feel rich when they calculate the quantity of Bitcoin they have and the exorbitant price they are quoting.  Anyways, this is good for the blood pressure and the health in general.

Going by the Bitcoin four years cycle, 2026 should be a bear market as the market is expected to peak in 2025. So I wonder where the price of $1 million in 2026 is coming from.

I doubt if the predictions will make any impact. This is not the first time people are making predictions that rarely happen. Even influential people make predictions yet people don't take them too serious.